Currency Converter

Banks and remittance providers quote the mid-market rate — then apply a hidden FX spread of 1.5–4% plus flat fees. The True Cost Rate™ shows the rate after all costs, so you can compare providers honestly.

Bitwage USDC — lowest true cost

0–0.5% all-in. No SWIFT fees, no correspondent bank spread.

Wise — better than banks, not the best

1.7–2.5% all-in. Transparent but still 1–2% above Bitwage USDC.

Bank wire — most expensive

$25–$50 flat + 2–4% FX spread. Total cost often 6–10%.

Per 1,000 sent — True Cost Comparison

Bitwage (USDC)$5

Bitwage (Bank)$15

Wise$22–$28

Bank Wire$65–$95

Estimates for USD→EUR. Actual costs vary by corridor.

Stablecoin Peg Tracker

USDC and USDT peg stability over 12 months vs. ARS, NGN, and TRY volatility.

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Stablecoin vs. FX Markets

Why stablecoin payment rails beat traditional FX markets for global contractor payments.

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Frequently Asked Questions

What is the True Cost Rate™?

The True Cost Rate™ shows the exchange rate after all fees and FX spreads — not just the mid-market rate that banks advertise. Banks apply a hidden 2–4% markup plus a $25–$50 SWIFT fee. Our tracker shows exactly what your recipient receives with each provider.

How does Bitwage beat Wise and banks on FX rates?

Bitwage routes payments via USDC stablecoin rails, bypassing SWIFT entirely. There are no correspondent bank fees and no FX markup — just a 0–0.5% flat cost. Wise charges 1.7–2.5% all-in; bank wire 6–10%.

Are these live exchange rates?

The rates displayed are based on real mid-market benchmarks updated daily. Provider costs (fees and spreads) are calculated from published pricing. Actual rates at time of payment may vary slightly.

Which currencies does Bitwage support?

Bitwage supports 30 currencies across all major corridors — US Dollar, Euro, British Pound, Indian Rupee, Brazilian Real, Nigerian Naira, and 24 more. Every pair is fully bidirectional (870 pairs total).

Lock the Best Rate. Pay Contractors Globally.

Bitwage Balance gives you FX rate lock, stablecoin rails, and same-day settlement in 30 currencies across 870 corridors.

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